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David Roy Newby founder of the Wisdom Society, an exclusive club for billionaires.
Growing up in the hills of Tennessee, David never thought he would have the opportunity to have clients earning generational wealth. Robert Kyosaki, the Rockefellers are only two of David's master list of billionaires who have benefitted from his insights and knowledge.
His market research uncovered a gap in the wealth-building process in which the founder will make the money and within one generation, the second generation, 76.5% of the time the money is lost.
If the money makes it to the third generation, 92.5% of the time that generation loses the money. Studies show there is a 7% success rate of the money made actually improves their families beyond two generations.
Through studying King Solomon's wisdom, Solomon was worth $4 trillion in today's money.
The study allowed me to transform my family legacy from abuse, murder and adultery to one of affirmation and skills transfer in empowerment.
Out of this, the Solomon Wisdom Society was born transforming my family legacy.
The Solomon Wisdom Society is designed to address the number one challenge billionaire families face that is not being helped by other groups.
Estate planning, succession planning are great for the money and the business.
A variety of groups focus on the wealth built by founders but none help this family with what matters most and that is their families.
The number one asset that is being overlooked is their families. How do we help billionaires strategically pass on their values and skills to the next generations?
The Solomon Wisdom Society helps billionaire families strategically implement King Solomon's wisdom in three key areas: Family, Skills transfer in business, and social impact with Return on Investment.
Return on investment